Sapient Capital LLC Acquires 1,938 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Sapient Capital LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,089 shares of the exchange traded fund’s stock after acquiring an additional 1,938 shares during the quarter. Sapient Capital LLC’s holdings in SPDR Gold Shares were worth $28,351,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of GLD. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares in the 3rd quarter valued at approximately $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth approximately $38,000. Keystone Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $39,000. Finally, Maryland Capital Advisors Inc. bought a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $40,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $268.37 on Tuesday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $268.66. The business has a fifty day simple moving average of $248.30 and a 200 day simple moving average of $242.21.

SPDR Gold Shares Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).